Very enjoyable nerd-out on the economic problem described in the book. I wish you had made a bigger emphasis on the Principal-Agent problem with moral hazzard, and the whole information theory behind that, so that newbies would have more pointers. One of the best videos in the channel!
I was debating whether to go into the Principal-Agent problem. Ultimately I decided that I needed to get back to the book. But maybe in a future video!
Awesome video and analysis. I might get the book! Also, worth noticing that at the software engineering industry this pseudo productivity can be spotted on a daily basis, even on pretty literal manners, such as UI work that’s visual being more praised than some of the heavy engineering done in order to systems work - since these are not visible.
I don’t think 🤔 we could ever be 100% efficient. For higher education that’s why I always recommend community college since professors are judged based on student performance and not on research. 🔬 What about this question 🙋 Why is it that an applied associates degree 📜 (example accounting) covers all main accounting courses that a bachelor degree covers but in the job market a bachelor is valued more than an associates?
Very enjoyable nerd-out on the economic problem described in the book. I wish you had made a bigger emphasis on the Principal-Agent problem with moral hazzard, and the whole information theory behind that, so that newbies would have more pointers. One of the best videos in the channel!
I was debating whether to go into the Principal-Agent problem. Ultimately I decided that I needed to get back to the book. But maybe in a future video!
Oh woah , A new Cal Newport book.I am gonna order once i complete your video.Thanks for informing me.❤
Awesome video and analysis. I might get the book!
Also, worth noticing that at the software engineering industry this pseudo productivity can be spotted on a daily basis, even on pretty literal manners, such as UI work that’s visual being more praised than some of the heavy engineering done in order to systems work - since these are not visible.
This is such a gem review. I am buying the book.Thanks for the great content.
Hello, love your Channel, I have one question, would You recommend the book "The bottom Billion" by Paul Collier?
I don’t think 🤔 we could ever be 100% efficient.
For higher education that’s why I always recommend community college since professors are judged based on student performance and not on research. 🔬
What about this question 🙋
Why is it that an applied associates degree 📜 (example accounting) covers all main accounting courses that a bachelor degree covers but in the job market a bachelor is valued more than an associates?